Liqtech International (LIQT) Operating Expenses (2010 - 2026)
Liqtech International's (LIQT) quarterly Operating Expenses came in at $2.7 million in Q1 2026, up 15.61% YoY from $2.3 million in Q1 2025, and up 3.79% on a QoQ basis from $2.6 million in Q4 2025.
Liqtech International (LIQT) Operating Expenses (2010 - 2026) Analysis & Trends
Liqtech International (LIQT) has 17 years of Operating Expenses data on file, last reported at $2.7 million in Q1 2026.
- Quarterly Operating Expenses rose 15.61% year-over-year to $2.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $9.9 million (up 1.93% YoY) and the FY2025 annual result came in at $9.6 million, down 1.84% from the prior year.
- Operating Expenses rose to $2.7 million in Q1 2026, from $2.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $4.7 million in Q2 2022 to a low of $2.1 million in Q3 2025.
- A 5-year average of $2.7 million and a median of $2.6 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 64.39% — and 2023, when it slumped 41.68%.
- Tracing LIQT's Operating Expenses over 5 years: stood at $2.4 million in 2022, then gained by 7.73% to $2.6 million in 2023, then declined by 13.2% to $2.2 million in 2024, then grew by 15.02% to $2.6 million in 2025, then grew by 3.79% to $2.7 million in 2026.
- The last three Operating Expenses figures came in at $2.7 million (Q1 2026), $2.6 million (Q4 2025), and $2.1 million (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veralto | 24.35 Bn | 22.23 Bn | 902.00 Mn | 587.00 Mn |
| 2 | Zurn Elkay Water Solutions | 8.16 Bn | 7.80 Bn | 288.30 Mn | 121.30 Mn |
| 3 | Federal Signal | 7.42 Bn | 7.35 Bn | 203.80 Mn | 78.30 Mn |
| 4 | Ceco Environmental | 3.17 Bn | 3.11 Bn | 86.47 Mn | 109.35 Mn |
| 5 | PureCycle Technologies | 1.24 Bn | 1.24 Bn | - | 45.85 Mn |
| 6 | Aduro Clean Technologies | 521.85 Mn | 493.18 Mn | - | 2.67 Mn |
| 7 | Energy Recovery | 398.07 Mn | 305.01 Mn | 8.96 Mn | 14.84 Mn |
| 8 | Arq | 94.31 Mn | 93.40 Mn | 11.51 Mn | 11.58 Mn |
| 9 | Fuel Tech | 43.03 Mn | 23.42 Mn | 2.68 Mn | 8.05 Mn |
| 10 | Liqtech International | 11.86 Mn | -3.79 Mn | 365,539.00 | 2.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.70 Mn |
| Mar 31, 2026 | 2.67 Mn |
| Dec 31, 2025 | 2.57 Mn |
| Sep 30, 2025 | 2.08 Mn |
| Jun 30, 2025 | 2.59 Mn |
| Mar 31, 2025 | 2.31 Mn |
| Dec 31, 2024 | 2.24 Mn |
| Sep 30, 2024 | 2.38 Mn |
| Jun 30, 2024 | 2.80 Mn |
| Mar 31, 2024 | 2.32 Mn |
| Dec 31, 2023 | 2.58 Mn |
| Sep 30, 2023 | 2.65 Mn |
| Jun 30, 2023 | 2.77 Mn |
| Mar 31, 2023 | 2.58 Mn |
| Dec 31, 2022 | 2.39 Mn |
| Sep 30, 2022 | 2.39 Mn |
| Jun 30, 2022 | 4.74 Mn |
| Mar 31, 2022 | 3.58 Mn |
| Dec 31, 2021 | 3.65 Mn |
| Sep 30, 2021 | 2.81 Mn |